What does that CTC actually pay per month?
An offer of ₹12 LPA does not put ₹1,00,000 in your account. Deductions, and the part of the package that is not cash, come out first. Put your offer in and see the difference.
Estimated monthly in-hand
—per month
| Total CTC | — |
| Less: variable & bonuses | — |
| Less: employer PF | — |
| Less: gratuity & insurance | — |
| Less: your own PF contribution | — |
| Less: estimated tax | — |
| Annual in-hand | — |
An estimate, not a payslip. Your actual figure depends on your salary structure, your tax regime and your deductions.
Why the gap surprises people. A recruiter quotes CTC because it is the largest true
number. Variable pay is paid on performance and often annually; employer PF and gratuity are
real money, but they are not money you can spend this month. Ask for the fixed monthly
gross in writing — that is the number your rent comes out of.
While you are here
The offer comes after five rounds.
If you are already comparing CTCs, you are close. The free courses and practice sets on this site cover the rounds that decide whether the offer arrives at all.